Question No 38 Chapter No 10 - Unimax 11 Class

Question No 38 Chapter No 10 – Unimax Class 11

Table of Contents

The solution of Question No 38 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

38 Rectify the following errors.
(a) Salary paid ₹ 5,000 was debited to employee’s personal account.
(b) Rent paid ₹ 4,000 was posted to landlord’s personal account.
(c) Goods withdrawn by proprietor for personal use ₹ 1,000 were debited to sundry expenses account.
(d) Cash received for Kohli ₹ 2,000 was posted to Kapur’s account.
(e) Cash paid to Babu ₹ 1,500 was posted Sabu’s account.

The solution of Question No 38 Chapter No 10 –

Journal
Date	Particulars		L.F.	Debit	Credit

a.	Salaries A/c	Dr		5,000
	To Employee’s A/c				5,000
	(Being salary paid debited employee’s a/c wrongly, now rectified)
b.	Rent A/c	Dr		4,000
	To Landlord A/c				4,000
	(Being rent paid posted to landlord’s a/c wrongly, now rectified)

c.	Drawing A/c	Dr		1,000
	To General expenses A/c				1,000
	(Being drawing made by proprietor debited to sundry expenses a/c wrongly, now rectified)
d.	Kapur’s A/c	Dr		2,000
	To Kohli’s A/c				2,000
	(Being cash received from Kohli posted wrongly to Kapur’s a/c, now rectified)
e.	Babu’s A/c	Dr		1,500
	To Sabu’s A/c				1,500
	(Being cash paid to Babu posted to Sabu’s a/c wrongly, now rectified)
				13,500	13,500

It is all about Question 38 Chapter 10 of Class 11 unimax, If you have any problem please comment below.

Read out the full article to know the meaning of Rectification of Errors

Error Rectification in accounting – Explanation with examples

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Error Rectification in accounting – Explanation with examples-in Hindi

Also, Check out the solved question of all Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

Chapter No. 1 – Introduction of Accounting
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Vouchers and Transactions
Chapter No. 4 – Journal
Chapter No. 5 – Goods and Services Tax (GST): An Introduction
Chapter No. 6 – Ledger
Chapter No. 7 – Special Purpose Book – Cash Book
Chapter No. 8 – Other Subsidiary Books
Chapter No. 9 – Trial Balance
Chapter No. 10 – Rectification of Errors
Chapter No. 11 – Depreciation
Chapter No. 12 – Provision and Reserves
Chapter No. 13 – Bank Reconciliation Statement
Chapter No. 14 – Bills of Exchange

Students may choose only one part from the Part II and Part III

Part-II

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Chapter No. 15 – Financial Statements (Without Adjustments)
Chapter No. 16 – Financial Statements (With Adjustments)
Chapter No. 17 – Accounts from Incomplete Records – Single Entry System

Part-III

Chapter No. 18 – Introduction to Computers and Accounting information System
Chapter No. 19 – Computerised Accounting
Chapter No. 20 – Accounting Software: Tally
Chapter No. 21 – Data Base System
Chapter No. 22 – Concept of Entity and Relationship

Question No 38 Chapter No 10 – Unimax 11 Class

The solution of Question No 38 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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